Showing posts with label currency. Show all posts
Showing posts with label currency. Show all posts

Saturday, August 16, 2008

Dollar continues to gain, crude oil falls


As the American dollar continues to climb, commodities (like crude oil) continue to slide. Here’s hoping the dollar rally continues for a while longer; It seems as the dollar may be ending it's seven year slide. On the downside, a strengthening dollar may slow U.S. exports. However, when a currency strengthens, it usually signals that the economy may also be improving.

Chart is from Carpe Diem

Monday, July 7, 2008

The new Chinese 10 Yuan is missing something…


Take a look at the new note. What do you think is missing? See here for the answer

HT: Marginal Revolution